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Agricultural Policies in Emerging Economies 2009

Monitoring and Evaluation

image of Agricultural Policies in Emerging Economies 2009
This report analyses policy agricultural developments during 2006-08 in seven economies: Brazil, Chile, China, India, Russia, South Africa and Ukraine. This period was marked by a significant increase in world prices for most, but not all, agricultural commodities. Policy responses to rising food prices included tariff reductions, export restrictions, increased minimum prices and price controls, input subsidies, sales of stocks and direct transfers to the most disadvantaged. Other major common policy developments included: expanded government-supported credit facilities and/or debt rescheduling, endeavours to improve the delivery and performance of agricultural policies, extended coverage of insurance programmes and further efforts in land reform. A comprehensive statistical annex containing a wide range of contextual information for these economies is also included in this report.

Estimates of support to agriculture in six economies (India is not yet covered) from 1995 to 2007 are provided, in conformance with recent changes to the OECD measurement methodology. This allows a consistent comparison across emerging economies and with OECD countries in terms of changes in the level and composition of support to producers and the sector as a whole.

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Ukraine

The overall level of producer support is modest, but disguises taxation of export-oriented sectors and considerable protection of import-competing sectors. Support has shown an upward trend in recent years. This tendency, although interrupted in 2007 due to the specific market situation, is an expected consequence of the economic recovery Ukraine saw in recent years. Robust growth in the domestic economy and external demand has lifted agricultural prices towards world market levels. Fiscal improvements resulted in more direct support provided to the sector.

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